Letter of Credit Officer jobs in Washington
Letter of Credit Officer obtains necessary information to process and complete letters of credit and related financial transactions. Verifies all documentation for accuracy and completeness. Being a Letter of Credit Officer ensures all credit data is evaluated and adheres to bank policies and procedures in order to approve or deny applications. Provides support to lending officers and trade specialists. Additionally, Letter of Credit Officer may require a bachelor's degree. Typically reports to a manager or head of a unit/department. The Letter of Credit Officer gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Letter of Credit Officer typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)
Recently Added Letter of Credit Officer jobs
Sr Manager Credit Risk Officer - Auto and Other Secured
- Boeing Employees' Credit Union
-
Remote, WA
FULL_TIME
- As the nation's largest community credit union, we begin every day focused on delivering superior financial products and services for our 1.3 million members and more than $30 billion in managed assets. Our work has an economic impact as we support our members' financial goals. We are unapologetic about being devoted to our members and the communities we serve. Our business is guided by our people helping people philosophy – which includes our team members. BECU has been in business for more than 85 years, driven by unwavering core values and a dedication to improving the communities we serve. While we have a rich history, the future of our company, accelerated by business and technology transformation, is even brighter. There's never been a better time to work for BECU. To learn more visit becu.org/careers. PAY RANGE The Target Pay Range for this position is $164,200.00-$200,600.00 annually. The full Pay Range is $127,900.00 - $237,200.00 annually. At BECU, compensation decisions are determined using factors such as relevant job-related skills, experience, and education or training. Should an offer for employment be made, we will consider individual qualifications. In addition to your salary, compensation incentives are available for the hired applicant. Incentives are performance based and targets vary by role. BENEFITS Employees and their eligible family members have access to a wide array of employee benefits, such as medical, dental, vision and life insurance coverage. Employees have access to disability and AD&D insurance. We also offer health care and dependent care flexible spending accounts, as well as health savings accounts, to eligible employees. Employees are able to enroll in our company’s 401k plan and employer-funded retirement plan. Newly hired employees accrue 6.16 hours of paid time off (PTO) on a per pay period basis based on hours worked (up to a maximum of 160 PTO hours per year) and receive ten paid holidays throughout the calendar year. Additional details regarding BECU Benefits can be found here. IMPACT YOU’LL MAKE: As the Senior Manager Credit Risk Officer at BECU, your contributions will play a crucial role in shaping the credit risk strategies for our Auto and Other Secured portfolios. Your expertise will drive the enhancement and maintenance of an acceptable level of risk within these portfolios, leading to substantial positive change in BECU’s journey. ***This role can be done remotely in WA, OR, ID, AZ, TX, SC, GA, and is relocation eligible. WHAT YOU’LL DO: Ensure Compliance and Competency: Perform all responsibilities according to BECU competencies, compliance, regulatory, and information protection practices. Participate in Decision-Making Forums: Engage as a member of the Credit Risk Committee and present at Board and Executive Management committees and meetings. Support Credit Policy & Strategy: Partner with the VP, Credit Policy & Strategy with department administration and management initiatives as required. Develop and Manage Strategies: Devise and manage strategies and guidelines across BECU's portfolios, aligning with federal and state regulations. Identity Opportunities and Threats: Identify strengths, weaknesses, opportunities, and threats to the BECU portfolios, adapting practices in response to industry trends and best practices. Optimize Lending Decision Engines: Evolve lending and account management decision engines to align with risk strategies, operational efficiencies, and member experience. Lead Documentation and Communication: Develop and oversee consistent documentation of BECU's policy framework and maintain effective communication with regulatory bodies and auditors. Oversee Team Resources: Manage team resources, employee development, budgetary, and administrative tasks to foster a collaborative work environment. Coach and Mentor Staff: Mentor and train assigned staff, conducting regular performance and career development reviews. Ensure Regulatory Compliance: Ensure compliance with federal and state regulations and coordinate with other departments and personnel to ensure the same. Manage Budget and Vendor Contracts: Develop the annual budget for department expenditures and manage vendor contracts within areas of responsibility to ensure member satisfaction. This isn’t just about ticking off tasks on a list. It's about making a significant, positive change in BECU’s journey, where your contributions are valued, and your growth is continually fostered. WHAT YOU’LL GAIN: A challenging and impactful role in shaping the credit risk strategies for BECU Opportunity to engage with senior leadership and influence critical business decisions A collaborative and inclusive work environment Opportunities for professional growth and career development Competitive compensation and benefits package QUALIFICATIONS: Minimum Qualifications: Bachelor’s degree in business, finance, mathematics, or economics or equivalent work or education experience. Minimum 5 years of relevant credit risk management experience Minimum 5 years of experience in the financial industries with a focus on one or more of the following areas: Consumer Auto, Consumer Title and Other Secured. Minimum 5 years of people management experience Minimum 5 years of experience with presentation development software (e.g., Tableau, PowerPoint, etc) Desired Qualifications: Graduate-level degree Effective leadership and negotiation skills Advanced proficiency with Microsoft Office Suite with the ability to learn and use new software Broad experience influencing change or understanding through impactful presentation to all levels of the organization. Demonstrable knowledge of industry practices and regulatory restrictions Proven ability to provide a credible challenge to peers and management based on established subject matter expertise Advanced proficiency with Microsoft Office Suite and the ability to learn new software quickly. JOIN THE JOURNEY: Ready to make an indelible impact? Eager to be a part of a collaborative and innovative team where your ideas and contributions don’t just fill a role, but fuel the growth and success of BECU? This is more than a job – it’s a chance to elevate your career, skills, and future, all while contributing to the robust technological landscape of BECU. Embrace the opportunity to grow with us. Apply now, bring your expertise to the table, and let’s achieve excellence together at BECU. Your journey of influence, innovation, and impactful contribution starts now. #BECU #YourGrowth #BECUJourney EEO Statement: BECU is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, veteran status, disability, sexual orientation, gender identity, or any other protected status. Job Alerts: If you would like to be kept informed of new potential opportunities, click here. You will be asked to create an account if you do not already have one. From our very beginning, BECU has been about people helping people. As a financial services cooperative, our purpose has and always will be the same: we work together to best serve our members and improve the financial well-being of our community. More than 80 years and one million members later, we're still rooted in our values, practices and mission - and even more passionate about our future. As one of the nation's leading credit unions, we're not driven by profit. We're owned by our members and their interests are at the core of everything we do. Now we're growing faster than ever before--but we'll never forget our roots. To continue doing right by our members, we believe we must first do right by our people. Here, you'll receive the resources and support you need to learn, grow and build a meaningful career. Because we know it's our people who make us special.
- 3 Days Ago
Chief Credit Officer (CCO)
- Wheatland Bank, Division of Glacier Bank
-
Spokane, WA
FULL_TIME
- About The Role The Chief Credit Officer provides professional leadership in establishing overall objectives, policies and procedures in the area of credit administration and loan operations consistent...
- 11 Days Ago
Chief Credit Officer (CCO)
- Glacier Bancorp, Inc.
-
Spokane, WA
FULL_TIME
- The Chief Credit Officer provides professional leadership in establishing overall objectives, policies and procedures in the area of credit administration and loan operations consistent with Glacier B...
- 11 Days Ago
Chief Credit Officer
- The Schaaf Group
-
Bellevue, WA
FULL_TIME
- The Schaaf Group is proud to represent our retained client to identify:CHIEF CREDIT OFFICER (CCO)On behalf of our client, The Schaaf Group is honored to extend the following opportunity!Incredible gro...
- 12 Days Ago
Chief Credit Officer (CCO)
- Wheatland Bank
-
Spokane, WA
FULL_TIME
- About The RoleThe Chief Credit Officer provides professional leadership in establishing overall objectives, policies and procedures in the area of credit administration and loan operations consistent ...
- 19 Days Ago
External Mortgage Loan Officer
- Seattle Credit Union
-
Yakima, WA
FULL_TIME
- ABOUT THE ROLE: Seattle Credit Union is dedicated to finding lending solutions that meet our members' unique needs, further allowing individuals in our community to meet their short and long term fina...
- 9 Days Ago
Letter of Credit Officer jobs at Popular Companies
Tax Manager - Federal Credits and Incentives
- RSM US LLP
-
Chicago, IL
- We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence...
- 6/13/2024 12:00:00 AM
Medical Technologist
- Veterans Health Administration
-
Iowa City, IA
- Summary This position is eligible for the Education Debt Reduction Program (EDRP), a student loan payment reimbursement ...
- 6/13/2024 12:00:00 AM
Medical Technologist - Jacksonville, FL
- Veterans Health Administration
-
Jacksonville, FL
- Summary This position is eligible for the Education Debt Reduction Program (EDRP), a student loan payment reimbursement ...
- 6/13/2024 12:00:00 AM
Medical Support Assistant (Advanced)
- Veterans Health Administration
-
Alpena, MI
- Summary This position is located in The Business Office Service at the Aleda Lutz VA Medical Center. The Advanced Medica...
- 6/13/2024 12:00:00 AM
SUPERVISORY NAVAL ARCHITECT
- Naval Sea Systems Command
-
Groton, CT
- Summary This is a public notice flyer to notify interested applicants of anticipated vacancies. Applications will not be...
- 6/13/2024 12:00:00 AM
Accounts Receivable Chargebacks - OrderID: 3914
- AcctPositions
-
Hauppauge, NY
- Our client a large consumer product company is seeking an accounts receivable chargebacks associate. The company offers ...
- 6/12/2024 12:00:00 AM
Accounts Receivable Chargebacks
- Tempositions, Inc.
-
Hauppauge, NY
- Description Our client a large consumer product company is seeking an accounts receivable chargebacks associate. The com...
- 6/10/2024 12:00:00 AM
Accounting Analyst
- Hiring Now!
-
Kansas City, MO
- If you are currently employed at Smithfield, please log into Workday and submit your application through the Jobs Hub. A...
- 6/8/2024 12:00:00 AM
About Washington
Washington (/ˈwɒʃɪŋtən/), officially the State of Washington, is a state in the Pacific Northwest region of the United States. Washington is the northwestern-most state of the contiguous United States. It borders Idaho to the east, bounded mostly by the meridian running north from the confluence of the Snake River and Clearwater River (about 116°57' west), except for the southernmost section where the border follows the Snake River. Oregon is to the south, with the Columbia River forming the western part and the 46th parallel forming the eastern part of the Oregon-Washington border. To the wes...
Source: Wikipedia (as of 04/17/2019). Read more from Wikipedia
Income Estimation for Letter of Credit Officer jobs
$55,615 to $92,146
Most Popular Cities in Washington for Letter of Credit Officer Jobs
What does a Letter of Credit Officer do?
Letter of Credit Officer in Cedar Falls, IA
Crafting a cover letter that catches the attention of hiring managers is paramount to getting the job, and LiveCareer is here to help you stand out from the competition.
January 19, 2020
Letter of Credit Officer in Lubbock, TX
An ideal cover letter for a credit officer job must demonstrate all necessary skills associated with the position.
February 02, 2020
Letter of Credit Officer in Tuscaloosa, AL
In order to do this, it is essential to read the advertisement and then start writing the letter carefully.
February 15, 2020